To Bargain or Not To Bargain: That Is The QuestionThe American Economic Review
Publication VersionPublished Version
AbstractWe use economic analysis in a simple game-theory framework to ascertain under what circumstances a government would want to precommit itself to a no-negotiation strategy. From the government viewpoint, we examine both the choice of deterrence expenditure (i.e., expense meant to reduce terrorist logistical success during incidents) and whether to negotiate or not.
Copyright OwnerAmerican Economic Association
Citation InformationHarvey E. Lapan and Todd Sandler. "To Bargain or Not To Bargain: That Is The Question" The American Economic Review Vol. 78 Iss. 2 (1988) p. 16 - 21
Available at: http://works.bepress.com/harvey-lapan/55/